Assisted living communities target lower-income residents

A Phoenix-area developer is building assisted living options for an often-overlooked population: those with few financial resources.

In all, Solterra Senior Living is preparing three low-income assisted living projects, totaling $66 million.

The first, Bridgewater Deer Valley, opened last week at a former Comfort Inn hotel in north Phoenix. In addition, a midtown Phoenix location — the Bridgewater Assisted Living community at Third Avenue and Indian School Road — is scheduled to open in 2018. A third location will break ground in Avondale later this year.

All three communities will use a federal tax-credit program to build the affordable housing. As a result, residents will be able to pay reduced rents.

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